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Minister Of State (Transport) takes part in forum on the prosperity of Canada's aviation industry

TORONTO, Nov. 29, 2011 /CNW/ - The Honourable Steven Fletcher, Minister
of State (Transport), today delivered a speech at the 23rd Annual
Canadian Airline Investment Forum in Toronto. The two-day national
conference deals with aviation asset management and financing.

"Canada's aviation industry is a key contributor to the country's
economic growth," said Minister Fletcher. "Our government is committed
to helping ensure the aviation sector remains financially viable for
the benefit of travellers and shippers, as well as the tourism and
business sectors."

In his speech, the Minister emphasized the importance of market forces
in providing air services, and driving innovation and efficiency, while
ensuring the highest possible levels of safety and security. He
underscored the government's commitment to working with partners across
the aviation sector to continue to ensure high-quality air services in
Canada. In addition, the Minister described how air transportation
safety measures, particularly safety management systems (regulations
for commercial air carriers, developed in consultation with industry),
help give Canada one of the safest air transportation systems in the
world.

"Our government has created an open environment that is compatible with
Canada's national interests, and that enhances the safety and security
of the travelling public," added Minister Fletcher.

Every year the conference offers a platform for Canadian airlines,
aircraft manufacturers and finance experts to discuss current issues,
future plans and strategies, aviation asset management and ways to find
affordable financing.